What does this piece of news should mean to us? It means that cryptocoins and the cryptospace will be always here to stay, no matter what the regulators in China or in South Korea, or in any country say.

I boldly speculate that in 5 years, bitcoin and the top 20 altcoins, excluding the rest, will be over a trillion dollars in market capitalization.

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, and Blockstream, a leader in blockchain technologies and financial cryptography, announced today the launch of the Cryptocurrency Data Feed. ICE Data Services’ new feed offers real-time cryptocurrency information and will initially include data from more than 15 cryptocurrency exchange venues globally. The exclusive agreement between ICE Data Services and Blockstream offers extensive coverage of prices and order book data for bitcoin and several other leading cryptocurrencies.

“With the broad array of cryptocurrencies and exchanges, and given the price variances between exchanges, it’s critical that investors have a comprehensive source of pricing information,” said ICE Data Services President and COO, Lynn Martin. “We’re excited to work with Blockstream, which is focused on bringing institutional-quality data to the market, and we look forward to expanding the feed and our strategic relationship with Blockstream over time.”

The Cryptocurrency Data Feed is a multi-asset and multi-venue data feed capturing the majority of cryptocurrency exchange trading volume for leading cryptocurrencies measured against the U.S. Dollar and other major currency pairs. Blockstream works with cryptocurrency exchanges around the world and consolidates the disparate data sets into a normalized and standardized data source that includes real-time and historical trade information, as well as other relevant order book data such as quantities, prices, currencies, and timestamps. This is designed to enable ICE Data Services’ customers to receive global market representative trading data in a real-time feed with high quality information.

This will be a good move in aiding transparency to traders. And NYSE is a supporter of BTC since long, started showing BTC price in 2015, invested 60m $ in coinbase a few years ago. NYSE being the biggest exchange globally it will increase faith in cryptocurrency. Which will in turn tackle the volatility in BTC price. Which is great seeing the recent 40% slump in price.

@AK47. It also would mean that if mainstream traders and speculators in Wall Street and other trade center cities want cryptocoin data feeds, then I would confidently say that the cryptospace is here to stay. Also, it shows that it is slowly being interlaced in mainstream society.

I reckon in 5 years, little kids would know what bitcoin is and it would be very ordinary to them.